On January 25, 2013, Alberta Premier Alison Redford gave a televised 8 minute speech warning Albertans we were going through some tough times.
Amid soaring deficits and the bitumen bubble, Redford warned of serious spending cuts and tax hikes in the upcoming budget. Since that day, there has been lengthy discussion as to what to expect in the upcoming budget. There has also been discussion of a provincial sales tax in Alberta. And as a side note, the Bitumen Bubble now has a Twitter account! @BitumenBubble if you wish to follow.
Today, March 7, 2013, Finance Minister Doug Horner announced Budget 2013. Among the things that Horner announced was no sales tax. As expected, there were some hits in several areas including Post Secondary Institutions. Horner also announced that he would use “Alberta’s good credit rating” to borrow money to fix infrastructure.
There is lots of information and lots of perspectives on this budget. For example, the Calgary Chamber of Commerce thinks the budget is good for Albertans as well as business. However NDP Leader Brian Mason as well as Liberal Leader Raj Sherman have expressed concerns.
The link above is from the Edmonton Journal providing some details on the budget.
What do you think? How or will this budget impact you? Are there things you like, or don’t like?